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December 20, 2024 | National Law Journal

'So Many Firms' Have Yet to Announce Associate Bonuses, Underlining Big Law's Uneven Approach

Fewer firms are apparently in lockstep with the bonus decisions of the industry elite, and several big firms are delaying their bonus decisions compared with others.
5 minute read
December 19, 2024 | The American Lawyer

Big Law's Biggest Stories (UK Edition) For 2024

The legal industry experienced a wide range of major news stories in 2024, from individual tragedies to transatlantic tie-ups, and many others in between.
8 minute read
December 17, 2024 | Legaltech News

Legal Operations at a Crossroads: How Corporate Legal Teams Will Continue to Drive Innovation and Implement Digital Transformation in 2025

Recent research reveals trends in measuring the success of legal operations, overcoming the challenges associated with deploying generative AI, promoting innovation, and establishing priorities for automation and contract management.
6 minute read
December 16, 2024 | The American Lawyer

Partner Pay Enters a 'Whole Different World'

Rapid changes to partner pay in Big Law will continue. Among nearly 200 firms, more than one-third plan to make changes to their equity partner compensation models over the next two years.
6 minute read
December 13, 2024 | Law.com

UnitedHealthcare Reaches $69M Settlement in ERISA Class Action

Plaintiffs counsel said it is believed to be the largest ever reached in a case stemming from poor performance of a 401(k).
4 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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December 13, 2024 | The American Lawyer

'That's How You Get the Alignment:' A Conversation With Am Law Managing Partner of the Year Ira Coleman

"We want to listen more than we talk," says Coleman, of McDermott Will & Emery. "Everybody says the same thing, 'Our most important assets are our people,' right? Great. What are you doing about it?"
5 minute read
December 06, 2024 | New York Law Journal

Storefront Pro Bono: Proposal for Modest Law Firm Commitment to Provide Direct Legal Services

The authors write "We propose a new model for law firm pro bono, provisionally called “Storefront Pro Bono,” to help mitigate the access to civil justice gap in New York through modest pro-bono commitments from the city’s law firms and other law organizations (law firms). The essence of the proposal is to encourage law firms to commit fifty hours of pro bono work for each of their lawyers (as already recommended by the ABA), whether litigators or transaction lawyers, to provide direct legal services dealing with the issues presented by individuals/families who do not qualify for publicly funded legal aid and cannot afford private counsel."
22 minute read
December 06, 2024 | Pro Mid Market

Fighting 'Hostage Fees,' Midsize Law Firms Are Forcing Records Vendors Into Court

According to several lawsuits filed across the country throughout the year, off-site record storage companies are seeking out tens of thousands of dollars from firms before permanently withdrawing or destroying unneeded physical files.
6 minute read
December 06, 2024 | The Recorder

Judge Approves 23andMe's $30M Data Breach Settlement - With Conditions

On Wednesday, U.S. District Judge Edward Chen, of the Northern District of California, preliminary approved the 23andMe settlement, provided lawyers make some changes.
5 minute read
December 03, 2024 | Legaltech News

Does My Company Really Need a Generative AI Policy?

Companies, ranging from creative service firms to hedge funds, are increasingly seeking guidance on implementing generative AI policies that address their unique needs.
5 minute read

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